Nano Dimension Raises Special Tender Offer Price for Stratasys Shares to $24.00 in Cash
TL;DR Summary
Nano Dimension has increased its special tender offer price for Stratasys shares to $24.00 per share in cash, which is 220% more cash than alternative offers. Nano Dimension opposes Stratasys' proposed merger with Desktop Metal and has nominated seven highly qualified directors for election to Stratasys' Board of Directors. The tender offer expiration date remains unchanged, and shareholders have until July 24th to tender their shares. Nano Dimension intends to explore strategic industry consolidation, including a potential combination with 3D Systems, following the successful completion of the special tender offer.
Topics:business#board-of-directors#finance#nano-dimension#shareholders#special-tender-offer#stratasys
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
10 min
vs 10 min read
Condensed
95%
1,993 → 90 words
Want the full story? Read the original article
Read on Yahoo Finance